Discover Financial Services (DFS) PriceWatch Alert For 11/4/2009 - Covered Call Risk Ranking Improves to 5 Keys

Posted: Wednesday, November 04, 2009 8:08 AM EDT

Discover Financial Services (NYSE: DFS) closed yesterday at $14.19. So far the stock has hit a 52-week low of $4.73 and 52-week high of $17.36. The proprietary Key Risk Ranking for DFS has improved from a 4 KEY Low Relative Risk to a 5 KEY Lowest Relative Risk. This Key Ranking is determined daily and is a measure of the relative risk for a conservative covered call trade on this underlying stock with a targeted 8.79% return (19.56% annualized for comparison purposes). This ranking looks at many factors related to the stock and associated option contracts. The Key ranking is intended as a guide for investors researching this underlying stock. [WBA-Seven Summits Research]

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